Produce part it uses in assembly operation at the rate

Assignment Help Operation Management
Reference no: EM13958069

A company can produce a part it uses in an assembly operation at the rate of $50 an hour. The company operates 8 hours a day, 300 days a year. Daily usage of the part is 300 parts. The company uses the part every day. The run size is 6000 parts. The annual holding cost is $2 per unit, and setup cost is $100. How many runs per year will be there?

Reference no: EM13958069

Questions Cloud

Report on tourism in new zealand : Write a report on Tourism in New Zealand.Report structure shuold be like
What is the probability of a stock out during lead time : The injection molding department of a company uses 40 pounds of a powder a day. Inventory is reorder when the amount on hand is $240 pounds. Lead time averages five days. It is normally distributed and has a standard deviation of two days. What is th..
What is the percentage of idle time : Balance the assembly line using the information below, and the most following task rule. The desired output is 360 units per day. Available production time per day is 8 hours. What is the percentage of idle time? Assign task to each work station. Wha..
Compare the bne prices if firm ls realized cost is high : Compare the BNE prices if Firm l's realized cost is high with the equilibrium prices in the game where it is common knowledge that Firm 1 has high marginal cost (cH).
Produce part it uses in assembly operation at the rate : A company can produce a part it uses in an assembly operation at the rate of $50 an hour. The company operates 8 hours a day, 300 days a year. Daily usage of the part is 300 parts. The company uses the part every day. The run size is 6000 parts. The ..
Calculate the total overhead assigned to the production : Calculate the total overhead assigned to the production of the Art of Design. Round to two decimal places.
Benefit consultant by pete mc nown : You have been hired as a benefit consultant by Pete Mc Nown, the owner of Pete's Pet Emporium. He wants to establish a retirement plan for himself and his two employees, Ron and Aaron.
Three main media used to communicate with consumers : List and describe the three main media used to communicate with consumers on the Internet. Summarize the ways product information is conveyed in each medium. As an advertiser, what tools can you use to make your website as visited as possible?
An analytical tool used in sixe process that breaks down : An analytical tool used in the sixe process that breaks down a problem into the relative contributions of its components is a

Reviews

Write a Review

 

Operation Management Questions & Answers

  Determine whether there is one best approach to management

Determine whether there is one best approach to management, or if managers should adopt a variety of management approaches. Provide your rationale.

  Fleet skills test can be accomplished on a driving range or

fleet skills test can be accomplished on a driving range or in actual traffic conditions. give at least one advantage

  Explain quality control

The probability of concluding that assignable variation exists when only random variation is present is: (I) the probability of a type I error, (II) known as the alpha risk

  How much is typical monthly social security monthly check

How much is a typical monthly Social Security monthly check? What is the maximum annual income that anyone can receive from Social Security? How much would a person have to have earned to receive the maximum?

  What are the steps in the planning process

1. What are the steps in the planning process? Which step is the most crucial? Why?

  Identify at least eight milestones for wbs and a gantt chart

Identify at least eight milestones for WBS and A Gantt chart . Write a one-page paper describing each milestone using the SMART criteria.

  There are a number of companies which utilize a global

there are a number of companies that utilize a global supply chain management strategy. identify and research a company

  What is the maximum effective capacity of the system

What is the maximum effective capacity of the system in number of passengers per hour?

  How would the meaning of the image change

Imagine the removal of one of these elements. How would the meaning of the image change? Remove a second. With two elements missing, how does the meaning change again?  What does this exercise show you in terms of how imagery can be used in media?

  Design capacity and effective capacity

Analyze two or three (2-3) differences between design capacity and effective capacity, and then predict one or two (1-2) challenges that you may encounter when using each method. Provide specific examples to support your rationale.

  Describe business-to-business exchanges

Describe each of the three (3) business-to-business (B2B) exchanges. For each exchange type, discuss how the Internet acts as a resource in the exchange.

  Which is probably the most challenging to manage

Of the two main resources (human and capital), which is probably the most challenging to manage? Why? Explain the positives and negatives associated with utilizing independent contractors for your projects.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd